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Parabellum Acquisition (Parabellum Acquisition) Net-Net Working Capital : $-0.33 (As of Sep. 2022)


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What is Parabellum Acquisition Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Parabellum Acquisition's Net-Net Working Capital for the quarter that ended in Sep. 2022 was $-0.33.

The industry rank for Parabellum Acquisition's Net-Net Working Capital or its related term are showing as below:

PRBM's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Parabellum Acquisition Net-Net Working Capital Historical Data

The historical data trend for Parabellum Acquisition's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Parabellum Acquisition Net-Net Working Capital Chart

Parabellum Acquisition Annual Data
Trend Dec21
Net-Net Working Capital
-0.68

Parabellum Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net-Net Working Capital Get a 7-Day Free Trial -0.73 -0.68 -0.48 -0.40 -0.33

Competitive Comparison of Parabellum Acquisition's Net-Net Working Capital

For the Shell Companies subindustry, Parabellum Acquisition's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Parabellum Acquisition's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Parabellum Acquisition's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Parabellum Acquisition's Price-to-Net-Net-Working-Capital falls into.



Parabellum Acquisition Net-Net Working Capital Calculation

Parabellum Acquisition's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net-Net Working Capital(A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.105+0.75 * 0+0.5 * 0-13.384
-0-0)/17.9688
=-0.68

Parabellum Acquisition's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2022 is calculated as

Net-Net Working Capital(Q: Sep. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.419+0.75 * 0+0.5 * 0-6.316
-0-0)/17.9688
=-0.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


Parabellum Acquisition  (OTCPK:PRBM) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Parabellum Acquisition Net-Net Working Capital Related Terms

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Parabellum Acquisition (Parabellum Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
3811 Turtle Creek Blvd, Suite 2125, Dallas, TX, USA, 75219
Website
Parabellum Acquisition Corp is a blank check company. It is formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses.
Executives
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Kevin S. Palatnik director 2655 SEELY AVENUE, BLDG. 5, SAN JOSE CA 95134
Zac Hirzel director 3963 MAPLE AVENUE, SUITE 170, DALLAS TX 75219
Daniel B Wolfe director, 10 percent owner HARRIS & HARRIS GROUP, 111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019
Herve Fages director EVOQUA WATER TECHNOLOGIES CORP., 210 SIXTH AVENUE, PITTSBURGH PA 15222
Ron Shelton director, officer: CFO and Treasurer
Ajit K Medhekar director
Narbeh Derhacobian director, 10 percent owner, officer: CEO, Pres., and Secretary C/O ADESTO TECHNOLOGIES CORPORATION, 1250 BORREGAS AVENUE, SUNNYVALE CA 94089
Parabellum Acquisition Partners, Llc 10 percent owner 190 12TH AVENUE, SANTA CRUZ CA 95062

Parabellum Acquisition (Parabellum Acquisition) Headlines

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